The recently completed Alexander Railroad Shell Building has become the first “Certified” building in North Carolina. The Certified Industrial Building Program consists of a review by technical experts and includes a property condition assessment, environmental site assessment, title search, site selector review, and market area information. Developed by Creative Economic Development Consulting and ECS, Ltd., the program is intended to ensure potential buyers that the property is ready for development.
“During a site selection analysis, companies and consultants prioritize sites with the least amount of risk,” said Crystal Morphis, founder and CEO of Creative Economic Development Consulting. “The purpose of the Certified Industrial Building Program is to reduce the risk of purchase or redevelopment through a rigorous assessment and qualification process. The Alexander Railroad Shell Building is ideal for new and expanding companies. Our assessments found no concerns and the market review found a strong labor pool, specifically in the manufacturing sector.”
The 50,000 square foot Alexander Railroad Shell Building is a speculative building designed to attract new industry to Alexander County. This building project is a partnership between Alexander Railroad Company and the Alexander County EDC, with financial support from the Alexander County Board of Commissioners. Alexander Railroad Company financed, constructed, and owns the building.
Now that the certification process is completed, the building is listed on the North Carolina Department of Commerce’s property database website which is also shared by the North Carolina Economic Development Partnership.
UPDATE: The Alexander Railroad Shell Building was sold in May 2017. Congratulations to the EDC and Alexander Railroad Company!